Potential GDP
A. measures the maximum that a firm is capable of production
B. increases ove time as the labor force grows
C. increases over time as technological change occurs
D. All of the above
E. B and C only
Answer: E
Potential GDP
A. measures the maximum that a firm is capable of production
B. increases ove time as the labor force grows
C. increases over time as technological change occurs
D. All of the above
E. B and C only